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2 bedroom flat to rent
Stanstead Road Forest Hill
- Ground Floor Victorian Conversion Flat
- Two Double Bedrooms
- Private Rear Garden
- Off Street Parking
- 95 Years Unexpired Lease
- ¬£100 p.a. Ground Rent
Letting information:Furnishing: Unfurnished
First Listed on Rightmove: 14 May 2012 ( 571 days ago )
BUY THIS PROPERTY, NO MORTGAGE REQUIRED,†
A minimum of £15,000 deposit and then £330 per week buys you this property. This is a payment plan and works just like a standard mortgage, but there is no bank involved.
The purchase uses standard legal documentation and you can exchange contacts and with completion at any stage up to 30 years. This is also recorded at Land Registry.
You have complete flexibility to obtain your own bank mortgage or pay it off at any time within the next 5†to 30 years, depending on how much getting started money you can raise. This gives you time to build up your credit rating and equity to get your own mortgage in the future or to sell the property when you choose to take advantage of any capital appreciation.
You can also renovate the property as you please during the 30 years and take advantage of any capital appreciation.
There is no need to†fit strict mortgage rules to make this property yours.
What you need-
A job or be self-employed †A minimum £15,000 deposit - The ability to make the weekly payments of £330/week comfortably - The ability to move in to your new home within just a few weeks.
Full Purchase Price £259,000
Located on the borders of Forest Hill is this ground floor Victorian conversion flat ideally situated for both Catford and Catford†Bridge stations and local amenities. The property boasts two double bedrooms, reception room, fitted kitchen, bathroom, private rear garden and off street parking. This would make†an ideal opportunity to own your own home and get on the property ladder without having to obtain a mortgage.